Pacific Sun Financial Corp Sells 120 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Pacific Sun Financial Corp decreased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,358 shares of the company’s stock after selling 120 shares during the quarter. Pacific Sun Financial Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Able Wealth Management LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% during the 4th quarter. Able Wealth Management LLC now owns 69,293 shares of the company’s stock worth $6,153,000 after buying an additional 981 shares in the last quarter. First Bank & Trust boosted its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock valued at $474,000 after purchasing an additional 133 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. WealthBridge Capital Management LLC now owns 50,592 shares of the company’s stock valued at $4,492,000 after purchasing an additional 2,092 shares in the last quarter. Emerald Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 3.3% during the fourth quarter. Emerald Advisors LLC now owns 37,671 shares of the company’s stock valued at $3,345,000 after purchasing an additional 1,189 shares in the last quarter. Finally, Legacy Solutions LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $278,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $93.71 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock’s 50-day moving average is $90.74 and its 200 day moving average is $91.01. The company has a market cap of $27.46 billion, a P/E ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.